Fiscal Note
The work of the Committee will be supported with existing staff resources. No additional appropriation is required.
Title
Directing the Mayor to appoint 15 members of the community to a PILOT Task Force, charged with reviewing the different aspects of basic services provided to tax-exempt property owners.
Body
WHEREAS, the City of Madison has almost $6 billion in estimated value of real property that is property tax-exempt; and
WHEREAS, the City of Madison is committed to provide basic services to all property owners, regardless of whether their property is taxable; and
WHEREAS, in other cities with high amounts of tax-exempt property, such as Boston, MA, Pittsburgh, PA, Providence, RI, and Minneapolis, MN, have found it beneficial to promote a community discussion of the budget impact of providing basic services to tax-exempt property; and
WHEREAS, the Mayor of the City of Boston convened a task force to study the issue of voluntary payments in lieu of taxes (PILOT) for their city, the work of said task force resulting in several positive outcomes for the citizens.
NOW, THEREFORE, BE IT RESOLVED the Madison Common Council hereby directs the Mayor to appoint 15 members of the community to a PILOT Task Force, charged with reviewing the different aspects of basic services provided to tax-exempt property owners; and
BE IT FURTHER RESOLVED that the PILOT Task Force shall report to the Mayor and the Common Council as soon as practicable, but not later than twelve months from its first meeting; and
BE IT FURTHER RESOLVED that the PILOT Task Force will be an Ad Hoc Committee of the City, to be dissolved upon completion and acceptance of its report; and
BE IT FINALLY RESOLVED that membership of the Task Force include representatives of the following: University of Wisconsin, owners of exempt educational property, owners of exempt medical-related property, owners who are currently making a voluntary PILOT, owners of exempt property providing housi...
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